Two mutually exclusive projects have an initial cost of $47,500 each. project x produces cash inflows of $25,300, $37,100, and $22,000 for years 1 through 3, respectively. project z produces cash inflows of $43,600, $19,800 and $10,400 for years 1 through 3, respectively. the required rate of return is 14.7% for project x and 14.9% for project z. which project(s) should be accepted and why?

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.